BTC breaks above the recent high today, just like I told you yesterday. The near term will likely make an upside breakout move. I also reminded you yesterday to buy around 64,200. Currently, there should be at least 2,000 points of room. It looks like there’s still room ahead; for the more steady approach, it’s better to take profits and secure them.

From the technical structure perspective, the bottom of the four-hour structure is currently climbing continuously. As of now, it’s a breakout structure with an upward trend. Plus, with the recent World Cup ending, liquidity should start to recover. On the smaller timeframe, the price has been staying at high levels. It looks like a “trap to lure people aboard” kind of rhythm. For now, I don’t recommend trying to jump in.